Tools
Buyer Closing Costs
Estimate your total closing costs as a buyer for any Illinois property, including title fees, transfer taxes, and prorations.
Estimated Buyer Closing Costs
$14,750
2.95% of purchase price
Lender Fees
Origination / Lender Fee$0
Appraisal Fee$600
Prepaid Interest$0
Title & Escrow
Escrow / Closing Fee$0
Lender's Title Insurance$0
Title Fees (misc)$0
Survey (non-condo)$500
Recording & Transfer
Recording Fees (deed + mortgage)$214
City Transfer Tax (Buyer)$0
Impounds
Homeowner's Insurance$0
County Taxes (2 months)$0
Mortgage Insurance (upfront)$0
Prorations & Credits
HOA Proration (est.)$0
Tax Proration Credit -$0
Other
Attorney Fees$850
Flat Brokerage Fee$495
Total Closing Costs
$0
Total Cash Needed at Closing
$114,750
These are estimates only. Tax prorations are calculated at 105% of the prior year's tax bill, which is standard in most Illinois transactions but may vary by contract. Actual closing costs will depend on lender fees, title company rates, contract terms, and property-specific details. Contact Matthew for a personalized estimate.